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Direct Air bankruptcy goes to Chapter 7

  • ️DAN HEATHPress-Republican
  • ️Thu Apr 12 2012
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  • DAN HEATH
    Press-Republican
  • Apr 12, 2012
  • Apr 12, 2012

A judge has approved a request to convert the Direct Air bankruptcy from a Chapter 11 reorganization to a Chapter 7 liquidation.

U.S. Bankruptcy Judge Melvin Hoffman issued the order in U.S. Bankruptcy Court for the District of Massachusetts on Wednesday afternoon, following a hearing on the expedited motion by the U.S. trustee appointed to oversee the original bankruptcy proceeding to Chapter 7.

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